"Osborne," me old classmate, you have wrecked the UK. I'm never coming back: couldn't and wouldn't.
You know why Obama has halved the deficit and more since he started? Because the Feds have been stimulating the economy. The only thing stopping a neoliberal meltdown is a bunch of somewhat reasonable people who are not part of your religion.
And so they have done several more rounds of the quantitative easing Gordon Brown did, and that has been nothing but mocked since the Tories got in, on the BBC. It's like the British music press: so fickle.
The GOP have done their best to throw a wrench in the works with all kinds of horrifying cuts. But they have phased in far more slowly than they can in Britain, where the party in power can say "We will cut education by xbn pounds" on Friday, and on Monday, presto.